Changes

The 15XX Pannier Tank Fund was formed in 1970 1969 by members of the [[Warwickshire Railway Society]] and the [[Guarantee Company|Severn Valley Railway Company]] in order to purchase and preserve [[GWR Pannier 1501]].<ref>[https://1501pta.jimdo.com/4-association-history/ 1501 Pannier Tank Association website history]</ref>

In 1972 it reformed as the 15XX Pannier Tank Trust, with three elected trustees and two nominated by the [[Warwickshire Railway Society]]. 1501 was first steamed on 29 May 1997 "''thanks to the dedicated efforts of a small team of 15XX Pannier Tank Fund members, backed by the financial efforts of the Warwickshire Railway Society''".<ref>Quote from SVR Stock Book Ninth Edition</ref>

In January 2006 the Trust was in turn transformed, this time into a Charity and re-named '1501 Pannier Tank Association', Registered Charity number 1134477.<ref>[https://1501pta.jimdo.com/ 1501 Pannier Tank Association website]</ref> Its activities are to "To provide support and financial assistance for the preservation of steam locomotive 1501."<ref>Charity Commission</ref> The Association is based at [[Bewdley]] and is run by a team of around seven Trustees who are elected annually at an AGM (usually held in August at Bewdley). It offers membership to the publicin return for a minimum donation.